Fri. Jun 14th, 2024

Dong Nai leads in FDI attraction this year

DONG NAI (VNS)— The southern province of Dong Nai attracted US$214 million in foreign direct investment (FDI) in the first two months of this year, accounting for 34 percent of the country’s total FDI.

Among the seven FDI projects granted new licences, the one operated by Japanese corporation Terumo Medical in Long Duc Industrial Park is the largest, with $98.9 million in capital investment. The company specialises in manufacturing and distributing medical products and equipment.

Also in the period, local industrial zones attracted as many as seven domestic investment projects with total registered capital of VND947 billion ($45.1 million).

The achievement was attributed to the province’s renewal of investment incentives for large-scale capital investment projects, especially in high-tech industries and the services sector. Dong Nai continues to improve the investment environment and maintains constant dialogue with businesses to promptly deal with any difficulties that arise.

According to the provincial Department of Planning and Investment, processing and manufacturing, property trading, and science and technology are drawing the most attention from foreign investors. — VNS

By vivian